NOT LISTED FOR SALE

4900 Forest Ave Unit 405 Downers Grove, IL 60515

Estimated Value: $319,000 - $358,000

2 Beds
2 Baths
1,100 Sq Ft
$263/mo HOA Fee

Last Sold May 01, 2013

Last sale price $173,000 $157 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,438/month

78 Days on Market

Highlights

  • Patio
  • Central Air
  • 2-minute walk to Prince Pond
  • Pierce Downer Elementary School Rated A-
  • Baseboard Heating

About This Home

As of May 2013

FHA Appvd, ask about special low interest conventional financing through Marquette Bank, Condo Conversion, Walk to train & downtown! Finished to order in 60 days w/your selections. Includes Granite Counters, Stainless Steel appl & "LG" white stack W/D, 6 panel white drs-trim, ceramic flrs kit & baths, Central A/C & Balcony. Intercom entry, exercise rm, deco models. Investor OK

Last Agent to Sell the Property

Wilfred Miller

Home Builder Marketing, Ltd. License #471004013 Listed on: 11/16/2012

Last Buyer's Agent

Christopher Cobb

RE/MAX of Naperville License #475132898

RE/MAX of Naperville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,889

Year Built

  • 1968

Lot Details

  • 0.92

HOA Fees

  • $263 per month

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Parking

  • Parking Available
  • Driveway
  • Visitor Parking
  • Off-Street Parking
  • Unassigned Parking

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Patio

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,889

Year Built

1968

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Type Attached: Condo
  • Unit Floor Level: 4
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1968

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 19X17, On Level: Main Level, Flooring: Carpet
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X17, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X16, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1100

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Unassigned, Off Street, Visitor Parking
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Hot Water/Steam, Baseboard, Radiant

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator, Storage
  • Assessment/Association Fees: 263
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: American Community Management

Schools

  • School District: 99
  • Elementary School: PIERCE DOWNER ELEMENTARY SCHOOL
  • Middle School: HERRICK MIDDLE SCHOOL
  • High School: DOWNERS GROVE NORTH
  • Junior High Dist: 58

Lot Info

  • Lot Dimensions: CONDOMINIUM

Multi Family

  • Total Number Unitsin Building: 32
  • Number Stories: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2012
Closed on
May 1, 2013
Sold by
Marquette Bank
Bought by
Criswell Michael T and Johnson Kari L
Seller's Agent
Wilfred Miller
Home Builder Marketing, Ltd.
Buyer's Agent
Christopher Cobb
RE/MAX of Naperville
List Price
$184,900
Sold Price
$173,000
Premium/Discount to List
-$11,900
-6.44%
Current Estimated Value
$333,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,063
Avg. Annual Appreciation
5.39%
Original Mortgage
$138,400
Outstanding Balance
$98,247
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$234,816
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Criswell Michael T $173,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Criswell Michael T $138,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2013 05/01/13 Sold $173,000 -6.4% $157 / Sq Ft
02/02/2013 02/02/13 Pending -- -- --
11/16/2012 11/16/12 For Sale $184,900 -- $168 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,889 $93,399 $17,318 $76,081
2023 $4,628 $85,860 $15,920 $69,940
2022 $4,342 $79,780 $14,790 $64,990
2021 $4,062 $78,870 $14,620 $64,250
2020 $3,984 $77,310 $14,330 $62,980
2019 $3,851 $74,180 $13,750 $60,430
2018 $3,601 $69,000 $12,790 $56,210
2017 $3,480 $66,400 $12,310 $54,090
2016 $3,124 $58,680 $11,750 $46,930
2015 $3,077 $55,200 $11,050 $44,150
2014 $3,457 $59,630 $11,930 $47,700
2013 $4,094 $64,510 $12,900 $51,610
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2013

    Wilfred Miller

    Home Builder Marketing, Ltd.

  • Christopher Cobb

    Buyer's Agent in 2013

    Christopher Cobb

    RE/MAX

    (630) 452-7007

    117 Total Sales

    Christopher Cobb
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08221272

Midwest Real Estate Data (MRED)

APN: 09-08-137-029

Illinois DuPage County Downers Grove 60515

4900 Forest Ave Unit 405, Downers Grove, IL

This home is located at 4900 Forest Ave Unit 405, Downers Grove, IL 60515 since 16 November 2012 and is currently estimated at $333,063, approximately $302 per square foot. This property was built in 1968. 4900 Forest Ave Unit 405 is a home located in DuPage County with nearby schools including Pierce Downer Elementary School, Herrick Middle School, and Downer Grove North High School.

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